It follows an announcement earlier this month that maximum fares taxi drivers can charge customers will increase by 9.5% during the day and 19.5% at all other times.
However, drivers may charge less than the maximum if they wish.
The new prices will come into place on December 5, just weeks before Christmas.
The Department for Infrastructure said the increase is needed to tackle the lack of availability of taxis, particularly at evenings and weekends.
Increases in fuel prices and vehicle maintenance/operating costs also contributed to the rise.
It was revealed on BBC’s Nolan Show on Tuesday morning that Value Cabs are now also putting their depot rent up to £156 plus £3 for insurance from Monday December 11.
Rents for part time drivers for 1-3 days will also increase by 4.6%.
Value Cabs said that this recent rent increase is the first since December 2021.
Taxi driver Robert said on the Nolan Show that after speaking to other drivers it is clear “they are struggling at the minute and they are not happy about it.”
“I think in the circumstances, the depot rate for taxi drivers should be decreased.”
When approached by the Nolan Show, Fonacab has said they are also now considering increasing depot rent for drivers.
In a statement they said: “While we are considering the different implications of a depot service charge increase at present, we have yet to make a decision.”
When it was announced taxi fares would be increased, Hospitality Ulster chief executive Colin Neill said it was “understandable” that people would not want to pay more for their taxi in the lead-up to Christmas, but that a lack of availability of taxis was having a negative impact on the hospitality sector.
“It has been a long time since fares increased, and as everything becomes more expensive, fare adjustments are a reasonable measure for maintaining the viability of the taxi industry for the many individuals who depend on it,” he said.
“We know that limited taxi availability during peak times for pubs and restaurants is exacerbating the ongoing crisis in the hospitality sector.
“Hopefully the rise in fares will go some way in addressing this issue by encouraging more drivers to operate during evenings and weekends and expand service coverage during busy periods.”